X-ray Security Screening Market (By Application (Luggage/Product Screening, Human Screening, and Vehicle Screening), By End-use (Government, Transportation (Airway, Waterway, and Railroad Way), and Commercial)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025, the global X-ray security screening market is expected to grow at a CAGR of 6.5% during the forecast period 2017 – 2025, reaching US$ 3.12 Bn by 2025.
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Product Insights
An X-ray security screening system is a device that detects objects on the desired body or inside a luggage without making any physical contact. Integrating advanced threat detection technologies with flexible and intelligent system designs, X-ray security screening systems enable effective threat recognition. Thus, these devices increasingly find applications across airports, seaports, aircrafts, ships, public gatherings, state boundaries, and commercial infrastructure to counter threats like terrorism and illegal trafficking. The combination of terrorist attack threats, the shortcomings of current technologies, and governments’ willingness to invest on security infrastructure development bodes well for the market growth.
Competitive Insights:
Competitive Insights:
The global X-ray security screening market is technology driven and highly consolidated across different end-use segments. The leading top 4 players account for over 50% of the global X-ray security screening market revenue. Some of the leading and promising players identified in the global X-ray security screening market include American Science and Engineering Inc., OSI Systems, Inc., Smith Detection, Safran Identity & Security (Morpho Detection), Analogic Corporation, Adani Group, 3DX-Ray Ltd., Aware Incorporation, MinXray Inc., Eurologix Security, L-3 Communications Holdings, and Leidos Holdings, Inc. (SAIC) among others.
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The market being technology driven has room for technological innovations. While developed economies like North America and Europe house most of the leading X-ray security screening system manufacturers, they are focusing on penetrating emerging markets like India, Brazil, and China. On the other hand, a new entrant is required to make substantial investment upfront and in research and development activities to better penetrate the market. Growing security concerns coupled with rigorous security measures bodes well for the market growth and competition.
Key Trends:
• Rigorous security measures and government regulations to support market demand
• Heavy investments made in developing security infrastructure
• Growing security concerns over rising terrorist activities
• Increasing demand from civil aviation sector
• High upfront cost and privacy intrusion
• Heavy investments made in developing security infrastructure
• Growing security concerns over rising terrorist activities
• Increasing demand from civil aviation sector
• High upfront cost and privacy intrusion
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Table of Content :
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global X-ray Security Screening Market Snapshot
2.1. Global X-ray Security Screening Market Snapshot
3. Global X-ray Security Screening Market Analysis
3.1. Global X-ray Security Screening Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Value Chain Analysis
3.6. Attractive Investment Proposition
3.7. Market Positioning of Key Industry Participants
3.7.1. Major Strategies Adopted
3.7.2. Analyst Recommendations
3.1. Global X-ray Security Screening Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Value Chain Analysis
3.6. Attractive Investment Proposition
3.7. Market Positioning of Key Industry Participants
3.7.1. Major Strategies Adopted
3.7.2. Analyst Recommendations
4. Global X-ray Security Screening Market Revenue, By Application, 2015 – 2025 (US$ Bn)
4.1. Tornado Analysis
4.2. Product/Luggage Screening
4.3. Human Screening
4.4. Vehicle Screening
4.1. Tornado Analysis
4.2. Product/Luggage Screening
4.3. Human Screening
4.4. Vehicle Screening
5. Global X-ray Security Screening Market Revenue, By End-use, 2015 – 2025 (US$ Bn)
5.1. Tornado Analysis
5.2. Government
5.3. Transportation
5.3.1. Airway
5.3.2. Waterway
5.3.3. Railroad way
5.4. Commercial
5.1. Tornado Analysis
5.2. Government
5.3. Transportation
5.3.1. Airway
5.3.2. Waterway
5.3.3. Railroad way
5.4. Commercial
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